News Column

E.ON very pleased with high participation rate for dividend option

May 23, 2014

ENP Newswire - 23 May 2014

Release date- 22052014 - E.ON SE for the first time gave its shareholders the option of partially converting their cash dividend, which for the 2013 financial year was EUR0.60 per share, into shares of E.ON treasury stock.

Until May 15, 2014, E.ON shareholders could convert EUR0.43 per share of their dividend entitlement. The remaining EUR0.17 will be paid out in cash and, where necessary, be used to cover tax obligations.

A large number of E.ON shareholders took advantage of the new option. At a participation rate of 37 percent, they opted to convert their cash dividend entitlements for the 2013 financial year into shares of E.ON stock. E.ON will distribute a total of 24 million treasury shares to shareholders. The cash dividend totaling EUR840 million will be paid out and E.ON shares will be issued on May 23, 2014.

'Since we announced the dividend option in March of this year, the response from our shareholders has been very positive. This is reflected in the high participation rate of 37 percent. The results exceed our expectations and please us very much, particularly since E.ON doesn't have any large shareholders. Institutional as well as retail investors contributed to the success of the dividend option, and we'd like to thank them all for their confidence in us,' said E.ON CFO Klaus Schafer.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.

Media Contact:

Josef Nelles

Tel: +49 2 11-45 79-35 70

Fax: +49 2 11-45 79-5 29

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Source: ENP Newswire

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